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    China’s forex reserves in May up by a less-than-expected $3.6 billion

    China’s forex reserves in May up by a less-than-expected $3.6 billion

    07 Jun 2025

    China’s foreign exchange reserves rose by a less-than-expected $3.6 billion in May, official data showed on Saturday, as the dollar continued to weaken against other major currencies. The country’s...

    India’s foreign exchange reserves hit fresh high of $684 billion

    India’s foreign exchange reserves hit fresh high of $684 billion

    06 Sep 2024

    India’s foreign exchange reserves increased by US$2.299 billion, reaching a fresh record high of $683.987 billion, during the week that ended on 30th August, according to data released by the...

    India’s foreign exchange reserves rises $4.5 billion to reach $674.7 billion

    India’s foreign exchange reserves rises $4.5 billion to reach $674.7 billion

    23 Aug 2024

    India’s foreign exchange reserves increased by US$4.546 billion, reaching US$674.664 billion, just below their all-time high, during the week ending 16th August, according to data released by the Reserve Bank...

    CBUAE revokes licence of Dirham Exchange and registration of RMB Commercial Brokers Co

    CBUAE revokes licence of Dirham Exchange and registration of RMB Commercial Brokers Co

    09 Aug 2023

    The Central Bank of the UAE (CBUAE) has revoked the licence of Dirham Exchange, an exchange house operating in the UAE, and struck off its name from the Register,...

    Fight against financial crime discussed

    Fight against financial crime discussed

    18 May 2023

    Sajjad Ahmad, Deputy Business Editor The Foreign Exchange and Remittance Group (FERG) hosted its 11th Annual Financial Crime Summit for Money Exchanges in the UAE. Industry experts, regulators and law...

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